Expectations for a 25-basis point interest rate cut at the Fed's December meeting jumped to 82% after the data, from around 58%, according to CME FedWatch. Minneapolis Fed President Neel ...
Traders remain confident that another quarter-point rate cut is coming in December, even if they are less sure about what will happen in the first half of 2025. The market is pricing in an 82% chance ...
Bitcoin charged past the $90,000 level on Wednesday, as its relentless rally showed no signs of easing on expectations that ...
A surge in Bitcoin has paused as traders assess the remaining market impact of President-elect Donald Trump’s rhetorical ...
The Treasury ‘yield curve’ has spoken: the Federal Reserve's scope to cut interest rates has moved higher. The benchmark yield curve, a term that describes the differentials in returns between the two ...
The rally was driven by data showing U.S. consumer inflation increased to 2.6% in October, up from 2.4% in September, meeting ...